RAPT Therapeutics Inc (NASDAQ: RAPT) – Analyst View Looks Different Today

In the last trading session, 7.4 million RAPT Therapeutics Inc (NASDAQ:RAPT) shares changed hands as the company’s beta touched 0.27. With the company’s per share price at $1.75 changed hands at -$1.14 or -39.45% during last session, the market valuation stood at $56.94M. RAPT’s last price was a discount, traded about -1462.86% off its 52-week high of $27.35. The share price had its 52-week low at $1.64, which suggests the last value was 6.29% up since then. When we look at RAPT Therapeutics Inc’s average trading volume, we note the 10-day average is 0.53 million shares, with the 3-month average coming to 297.60K.

Analysts gave the RAPT Therapeutics Inc (RAPT) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.80. If we narrow down to specifics, the data shows that 0 out of 6 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 3 recommended RAPT as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight. RAPT Therapeutics Inc’s EPS for the current quarter is expected to be -0.56.

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RAPT Therapeutics Inc (NASDAQ:RAPT) trade information

Instantly RAPT was in red as seen at the end of in last trading. With action -22.91%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -92.96%, with the 5-day performance at -22.91% in the red. However, in the 30-day time frame, RAPT Therapeutics Inc (NASDAQ:RAPT) is -3.85% down. Looking at the short shares, we see there were 2.87 million shares sold at short interest cover period of 11.13 days.

The consensus price target for the stock as assigned by Wall Street analysts is 48, meaning bulls need an upside of 96.35% from its current market value. According to analyst projections, RAPT’s forecast low is 27 with 55 as the target high. To hit the forecast high, the stock’s price needs a -3042.86% plunge from its current level, while the stock would need to soar -1442.86% for it to hit the projected low.

RAPT Therapeutics Inc (RAPT) estimates and forecasts

Data shows that the RAPT Therapeutics Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -60.23% over the past 6 months, a 10.49% in annual growth rate that is considerably lower than the industry average of 16.80%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -12.39%. The 2024 estimates are for RAPT Therapeutics Inc earnings to increase by 17.90%.

RAPT Dividends

RAPT Therapeutics Inc is expected to release its next quarterly earnings report in December.

RAPT Therapeutics Inc (NASDAQ:RAPT)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 1.84% of RAPT Therapeutics Inc shares while 92.48% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 94.22%. There are 92.48% institutions holding the RAPT Therapeutics Inc stock share, with FMR LLC the top institutional holder. As of 2024-06-30, the company held 13.5546% of the shares, roughly 5.24 million RAPT shares worth $15.97 million.

VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 8.0472% or 3.11 million shares worth $9.48 million as of 2024-06-30.